IMPACT® Payments

Payments Made Simple

Investigator payments can account for nearly half of total trials cost. The inability to effectively manage payments can have serious consequences if not managed effectively.

IMPACT® Payments allows effective control and management of investigator contracts and trial budgets. Initial estimates of planned costs for a trial can be refined as financial commitments are agreed. The dynamic forecast is refreshed by actual enrollment and milestone data recorded elsewhere. Rules can be established to automatically calculate and generate payment requests, enabling users to easily monitor trial progress and anticipate potential areas of over- or under-spend.

Key Features

Planning, forecasting and tracking of trial costs and payments

Payment generation and tracking

Full multi-currency support

Key Benefits

Simplified payment cycles through enhanced visibility

Straightforward interfacing with Accounts Payable systems

Accurate, prompt and transparent assessments of work done by each site

Easy generation of proposed payments for hundreds of sites at once

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